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Oceano

Learn about the people, housing, costs and businesses in Oceano, California

Median Home$609,345
Median Rent$1,694/month
Population6,846
Leading IndustriesWholesale Trade · Construction · Information & Media11% wholesale trade
Home Value Growth+8.8% over 2 years
Retirees27% of residentsabove average nationally
Homeowners59% of occupied units
NotableVeteran Community13% of residents · top 4% nationally
NotableTransit85/100 · excellent transit access
Oceano
CA

Frequently Asked Questions

What are today's mortgage rates in Oceano?

As of today, the 30-year fixed mortgage rate for Oceano is approximately 6.822% (6.856% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Oceano?

The median home value in Oceano is $609k. The median monthly rent is $1,694. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Oceano?

Home values in Oceano have increased 8.8% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Oceano?

Based on a typical all-in ownership cost of $1,416/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $61k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Oceano is $67k/year.

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What industries drive the economy in Oceano?

The largest employment sectors in Oceano are public administration (18%) and wholesale trade (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.